https://www.taxtmi.com/caselaws?id=334306 The Tribunal dismissed the appeals, upholding the Commissioner of Income Tax's order under Section 263. The Tribunal directed a re-examination of capital gains, emphasizing the jurisdiction of the Commissioner to revise orders on unaddressed issues. Failure to apply Section 50C was deemed prejudicial to revenue interests, necessitating reassessment with proper consideration of relevant provisions. en-us Wed, 28 Sep 2016 00:00:00 +0530 Mon, 06 Feb 2017 14:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334306 The Tribunal dismissed the appeals, upholding the Commissioner of Income Tax's order under Section 263. The Tribunal directed a re-examination of capital gains, emphasizing the jurisdiction of the Commissioner to revise orders on unaddressed issues. Failure to apply Section 50C was deemed prejudicial to revenue interests, necessitating reassessment with proper consideration of relevant provisions. Case-Laws Income Tax Wed, 28 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334306